ANSWER Fast Fx is an unauthorized broker and should be avoided at all events. Fast Fx claims to be operated by Fast FX Trading Technologies Limited with a registered address in the British Virgin Islands. It also states its compliance with all rules & regulations of an international business company, under the company act of BVI. However, we did not find any matching results when checking on the British Virgin Islands Financial Services Commission (BVI FSC). The truth is, Fast Fx is not overseen by any financial regulators. That means investors' funds in this broker are unsafe and cannot be protected by any laws. Therefore, it is a scam broker.We would recommend traders stay away from Fast Fx and any other unregulated brokers, since they are not subject to necessary laws and principles of operation, resulting in a high risk to trade with them.
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